ReadWriteStart

JANUARY 23, 2023

Whatever the case, you’ll need to make some big sacrifices and strategic managerial decisions if you want this lean startup budget to work — and it’s definitely possible. If you take your lean startup remote, forgoing a physical office space entirely, you can cut multiple different costs simultaneously. Negotiate the lease.

Lean 158

Lean Technical Review Startup Acquisition 158

Steve Blank

JUNE 8, 2021

– while simultaneously building a series of minimal viable products. Unlike traditional demo days or Shark Tanks which are, “Here’s how smart I am, and isn’t this a great product, please give me money,” a Lessons Learned presentation tells the story of a team’s 10-week journey and hard-won learning and discovery.

Lean 417

Lean Security Asia SBIR 417

Startup Professionals Musings

SEPTEMBER 13, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

Steve Blank

NOVEMBER 1, 2017

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup. Are lean innovation and the Startup Way a failure in large companies?

Institutional Investors 271

Institutional Investors Dividend Stock Technical Review 271

TechEmpower

DECEMBER 11, 2023

Ensure that you investigate the designers' past work, samples of their work product, and their process. Quality of Work: The end product should not only look good but function as expected. However, an overly attractive site could indicate a leaning towards design over development. cto , product , saas Avoid them.

Software Development 297

Software Development Software Developers Software Review Software 297

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Steve Blank

MAY 19, 2021

To help a large Defense organization wrestle with how to increase the velocity of innovation in their ranks Steve Blank and I spent the better part of last week with our heads together reviewing everything we learned in the five years since we merged the concepts of problem curation and Lean while launching the innovation pipeline.

Curation 353

Curation Technical Review Lean Australia 353

Both Sides of the Table

APRIL 2, 2014

If you pull hard at the time end of the spectrum you end up shipping inferior product. We live in an era of more product-dominant companies where a perfection complex for features and design delay business realities of shipping products. You see there is a creative tension along the spectrum of time and scope.

Software 344

Software Part-Time VPE Engineer Leadership 344

Startup Professionals Musings

SEPTEMBER 16, 2022

Labor rates are lower in some countries, but culture and language match are the real keys to productivity. With modern technology, and worldwide reach, it should be seen as an important tool for building an efficient, lean, and competitive business, optimized to give you more time for strategic focus.

Cost 346

Cost Philippines Bandwidth Cofounder 346

Startup Professionals Musings

NOVEMBER 28, 2020

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. Building a minimum viable product, with customer validation. Minimum viable products (MVPs) are recommended for validating the market, with iterative enhancement to quickly meet market feedback.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

ConversionXL

OCTOBER 7, 2021

The classic lifespan of successful products is a story in four parts: Introduction Growth Maturity Decline. How this story plays out has a lot to do with the type of product and how it’s improved over time, if at all. In this article, we’ll look at the different stages of the product lifecycle through the lens of marketing.

Product 142

Product Marketing Software Review Social Media 142

Steve Blank

JULY 30, 2014

I’ve been spending some time with large companies that are interested in using Lean methods. Two methods, Design Thinking and Customer Development (the core of the Lean Startup) provide the tactical day-to-day process of how to turn ideas into products. . Here’s why.

Customer Development 335

Customer Development Design Developer Customer 335

Steve Blank

OCTOBER 15, 2019

If they were a commercial company, they figured out product/market fit; or if a government organization, it focused on solution/mission fit. HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc.

Government 322

Government Technical Review Acquisition Metrics 322

Startup Professionals Musings

DECEMBER 11, 2019

Labor rates are lower in some countries, but culture and language match are the real keys to productivity. With modern technology, and worldwide reach, it should be seen as an important tool for building an efficient, lean, and competitive business, optimized to give you more time for strategic focus.

Entrepreneur 303

Entrepreneur Philippines Bandwidth Cofounder 303

Steve Blank

SEPTEMBER 14, 2017

It seemed to make sense to have have all the parties represented at the committee, so lots of people attended – program managers who controlled the budget, the developers responsible for maintaining and enhancing the current product and building new ones, and representatives from the operating divisions who needed and would use these products.

Incubator 319

Incubator Curation Engineer Government 319

Startup Professionals Musings

APRIL 4, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Steve Blank

JUNE 12, 2020

32 students were scattered across the globe and given a seemingly impossible assignment- they had 10 weeks to understand and then solve a real Dept of Defense problem – by interviewing 100 beneficiaries, stakeholders, requirements writers, et al while simultaneously building a series of minimal viable products – all while never leaving their room.

Oakland 315

Oakland Asia Lean Video 315

VC Cafe

MARCH 31, 2025

Also, try using your competitors’ products. Launch a Minimum Viable Product (MVP) quickly: Aim to get something into users’ hands within two months, regardless of the initial state. Avoid excessive iteration before launching, as getting user feedback is crucial. Having growth makes fundraising significantly easier.

Cofounder 88

Cofounder Silicon Valley Technical Review PR 88

The Startup Magazine

JANUARY 25, 2024

It allows for an ongoing feedback loop, which guarantees that the provided product can adapt to changing needs and allows for rapid revisions. The product and business owner has the big picture vision, the Scrum Master helps make it a reality, and the development team is responsible for actually making those ideas a reality.

Framework 158

Framework SCRUM Management Agile 158

Steve Blank

SEPTEMBER 16, 2014

.” She looked at bit puzzled, so I continued to explain… One of the virtues of using the Business Model Canvas as part of a Lean Startup is that it helps you frame each one of your nine critical hypotheses.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Both Sides of the Table

AUGUST 17, 2014

Nanea help leadership roles at EA (SVP, COO Global Online), Gaikai (Chief Product Officer, Chief Strategy Officer), JAMDAT (SVP), Machinma (COO) and currently textPlus (President & COO – including leading engineering and product). Here are some things we discussed: User experience focused product management.

Technical Review 315

Technical Review Leadership Engineer RSS 315

Steve Blank

APRIL 5, 2017

“My engineers say our website is old school, and we need to be on Facebook, Twitter and Instagram, my VP of Sales says we’re wasting our marketing dollars not targeting the right people and my board keeps giving me their opinions of how we should describe our product and company. Who’s the user of product? with a strategy.

Marketing 318

Marketing Audience Technical Review PR 318

The Startup Magazine

FEBRUARY 29, 2024

The good news is a few essential safety products can help you overcome obstacles and keep living confidently at home. This article discusses seven must-have products all seniors in solo living should consider. Adult Pull-on Diapers Pull-on diapers are a must-have product for managing incontinence as a senior living alone.

Product 146

Product Security Technical Review Mobile 146

Both Sides of the Table

SEPTEMBER 28, 2014

We’re going to start aggressively spend money on marketing our product. Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service. We want a strong balance sheet (um, ok. otherwise I prefer to invest less and risk less).

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Steve Blank

OCTOBER 17, 2017

I’ve spent the last six years teaching our country’s scientists how to rapidly turn scientific breakthroughs into deliverable products by creating the curriculum for the National Science Foundation Innovation Corps – now taught in 53 universities. The Lean Innovation process is a self-regulating, evidence-based innovation pipeline.

Community 244

Community Silicon Valley Technical Review Incubator 244

Steve Blank

JANUARY 6, 2021

Over the weekend I got asked the best way to teach students the principles of Lean via Zoom. Here’s what I suggested they offer their students: Lean in Context. The Minimal Viable Product. The Harvard Business Review Article “Why the Lean Startup Changes Everything” ties the pieces together here. The Business Model.

Lean 367

Lean Customer Development Business Model Video 367

Up and Running

MAY 21, 2020

Take the leap, by force of your own will, to look at the product or service like an adversary, or devil’s advocate. Do a lean business plan. Develop a lean business plan. Use the lean business plan to test whether you know enough to go further. You have to start by trying to see it objectively. Still there?

Lean 186

Lean Business Plan Software Review Angel Investor 186

Up and Running

SEPTEMBER 15, 2021

In the last decade, SaaS (Software as a Service) has become a very popular model for new software product development. The largest cost component of establishing a SaaS company is product development costs. Often, SaaS company founders are not aware of steps, tools, and checkpoints they should follow while building their product.

Cost 158

Cost Developer Azure Churn Rate 158

Startup Professionals Musings

SEPTEMBER 16, 2023

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. Building a minimum viable product, with customer validation. Minimum viable products (MVPs) are recommended for validating the market, with iterative enhancement to quickly meet market feedback.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Steve Blank

SEPTEMBER 26, 2018

But the Apple Watch 4 announcement intrigued me in a way no other product has since the original IPhone. This wasn’t just another product announcement from Apple. But as impressive as its technology is, the Apple’s smartwatch has been a product looking for a solution. I don’t own an Apple Watch. I do have a Fitbit.

China 67

China Technical Review Software Review Algorithm 67

Startup Professionals Musings

NOVEMBER 4, 2022

Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. You need to have a technical genius on the team to get your startup product off the ground.

Technical Cofounder 309

Technical Cofounder Cofounder Advisory Board Startup 309

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Later entrants who miss that wave have to build real products that people want to buy. Often no usable products exist and commercial viability is unproven.

Artificial Inteligence 325

Artificial Inteligence Lean Exit Strategy Startup 325

Startup Professionals Musings

FEBRUARY 9, 2020

Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. You need to have a technical genius on the team to get your startup product off the ground.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

The Startup Magazine

JULY 26, 2021

Here are a few cost-saving rules all manufacturers need to follow today: Adopt lean manufacturing. Lean Startup Feedback Loop from lean.st. Bigger manufacturers usually have a wide array of products available on the market which keeps them present across different niches. Focus on ROI.

Cost 158

Cost Technical Review Bankruptcy Lean 158

YoungUpstarts

AUGUST 31, 2019

Start Lean. As tempting as it can be to do everything at once, be patient and start lean. . Building a lean business with lean products ensures you don’t pigeon-hole yourself into a situation where you’re unable to back your way out. Most startups fail. This is a fact.

Burn Rate 176

Burn Rate Startup Lean Early Stage 176

Startup Professionals Musings

JANUARY 2, 2019

You may have a strong product development background, but typically have minimal experience in hiring and leading team members and groups, or managing financials. Build a lean team to complement your strengths. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

Leadership 248

Leadership Technical Review Cofounder Social Media 248